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Credit Suisse to price 0% Bares linked to two indexes, one ETF
By Angela McDaniels
Tacoma, Wash., Aug. 25 - Credit Suisse, Nassau branch plans to price 0% Buffered Accelerated Return Equity Securities due March 4, 2010 linked to two indexes and an exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.
The basket includes the S&P 500 index with a 34% weight, the Russell 2000 index with a 33% weight and the iShares MSCI EAFE index fund with a 33% weight.
The payout at maturity will be par plus 200% of any basket gain, subject to a maximum return of 22.4%. Investors will receive par if the basket falls by 10% or less and will lose 1% for each 1% decline beyond 10%.
The notes will price on Aug. 29 and settle on Sept. 4.
Credit Suisse Securities (USA) LLC will be the underwriter.
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